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2022-12-31-accounts

DocuSign Envelope ID: DB5FCC46-A68C-43CE-94EC-5738E1C65488

Trustees' Annual Report for theperiod
From Period start date To Period end date
01 01 2022
31
12 2022

Section A Reference and administration details

Charity name GROWING RESILIENCE IN TEENS

Other names charity is known by GRIT Registered charity number (if any) 1176272 Charity's principal address 18 Chiltern Road Hitchin Postcode SG4 9PJ

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Dr Louise Randall Chairman
Dr Claire Powell CEO
Robert Randall Treasurer
Dr Jan Reiser
Tom Gutteridge
HarryWoods
HarryHarvey

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

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DocuSign Envelope ID: DB5FCC46-A68C-43CE-94EC-5738E1C65488

Names and addresses of advisers (Optional information)

Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Constitution

How the charity is constituted

Trust

Trustee selection methods

Appointed by Trustees

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

The charity is run and managed by trustees at present. All major decisions are discussed and decided upon at the quarterly trustee meeting. All trustees are required to read the handbook and all associated polices.

The charity has a strict safeguarding protocol with a safeguarding lead doctor. All employees/associates who have contact with the beneficiaries are required to have a full DBS check and safeguarding training.

Policies and procedures required are prepared, reviewed and agreed by the Trustees to an agreed timetable.

Section C Objectives and activities

To preserve and protect the good mental health of young people by the provision of appropriate activities designed to help them build resilience to effectively manage pressures they face, promoting healthy coping strategies to replace current self destructive behaviour.

Summary of the objects of the charity set out in its Our Vision governing document To create a society where young people thrive, overcome challenges and lead fulfilling lives supported by a strong sense of self identity and resilience.

TAR

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DocuSign Envelope ID: DB5FCC46-A68C-43CE-94EC-5738E1C65488

Our Goal

To become the UK’s leading charity building resilience in teens.

  1. Weekly non contact boxing – coaching to provide a vent for frustration and anger. A space to connect the body and mind.

  2. Holiday workshops to provide an opportunity to bridge the gap between term-time and provide continuing support for young people.

  3. Psychological coaching. Enabling the beneficiary to gain insight into themselves and help them to strengthen the relationship with themselves and others around them.

  4. Volunteers for fund raising.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

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DocuSign Envelope ID: DB5FCC46-A68C-43CE-94EC-5738E1C65488

You may choose to include further statements, where relevant, about:

Section D Achievements and performance

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DocuSign Envelope ID: DB5FCC46-A68C-43CE-94EC-5738E1C65488

Section D Achievements and erformance p GRIT is dedicated to supporting teenagers’ mental health in North Summary of the main Hertfordshire through group boxing programmes, workshops and 1:1 achievements of the charity coaching. At the core of our work to support young people is a unique during the year process, the ‘Four Corners Method’ which utilises the power of noncontact boxing, boxing metaphors and coaching concepts to empower young people to develop their own identity, from which comes selfesteem, resilience, and the ability to use adversity as a platform for growth. We aim to provide a safe and supportive environment to empower young people to take full responsibility for their lives and the lives they want to lead, through our coaching methodology blended with physical activity. With this approach we aim to create resilience, self-confidence, and emotional wellbeing among teenagers. GRIT aims to make a lasting impact on the mental health and wellbeing of teenagers and support them to navigate the challenges of adolescence, build a strong foundation for adulthood and lead fulfilling lives that are true to their authentic selves. A downturn in the UK economy and wider world events such as the Covid pandemic, means there are now more young people than ever who require access to mental health support services. GRIT is experiencing an unprecedented increase in referrals and enquiries, and it is imperative that we continue to deliver early intervention and prevention programmes to support young people, thereby leading to healthier and more productive communities. Our social media presence has increased with 652 Facebook followers and 804 Instagram followers, regular posts providing updates on our work and how young people can get involved are an effective way of reaching many of our target audiences. We have updated our website and send out regular newsletters. NHS Partnership Since the end of 2021 GRIT has been working in partnership with the NHS and is currently hosting two adolescent Health and Wellbeing coaches who are overseen by Dr Louise Randall. Health coaching is a relatively new addition to NHS services designed to empower patients with their own health and wellbeing. There are many resources out there that support people, but it can be difficult to know what is available. Our adolescent coaches work with the young person to achieve goals they have set and help identify any resources that may support them in doing so, creating an individualised plan that supports the young person in their desired goal whether that be to learn social skills, to feel less anxious, to stop self harming or gain self confidence. It is important to note that this is considered an early intervention strategy and the coaches are not there to diagnose or treat more severe mental health conditions. The two coaches were employed in December 2021.

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DocuSign Envelope ID: DB5FCC46-A68C-43CE-94EC-5738E1C65488

Section E Financial review

Reserves policy Brief statement of the GRIT will establish reserves in accordance with national statutory and charity’s policy on reserves legal requirements and the principles contained in this policy. Reserves are defined as that portion of unrestricted funds that have not been designated for a specific purpose by the trustees. Reserves are established to ensure that GRIT is: • able to meet its financial commitments and obligations as they fall due (i.e., fund working capital), • able to fund unexpected expenditure until adjustments can be made, for example when unplanned events or shocks occur, and • resilient to uncertainty over future income.

The level of reserves is set at an amount sufficient to cover unfunded expenditure from unrestricted funds for a period of 6 months in the event of a 50% fall in unrestricted income. This is set at £20,000. Reserves will only be depleted to a level below that with the approval of the Board of Trustees and, in such an instance, GRIT will seek to replenish the reserves to the minimum level as quickly as is feasible following any approved depletion below the minimum level.

Details of any funds materially in deficit

Further financial review details (Optional information)

Our principal source of funds over the past year include; You may choose to include Fundraising additional information, where Private donations relevant about: Grants

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

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DocuSign Envelope ID: DB5FCC46-A68C-43CE-94EC-5738E1C65488

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Dr Louise Randall Position (eg Secretary, Chair, Trustee/Founder etc) Date 10/24/2023

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DocuSign Envelope ID: 3FF6E0BA-6FDA-4413-B453-7296625E180A

Growing Resilience in Teens No (if any)
Receipts andpayments accounts CC16a
1/1/2022
For the period
from
To 12/31/2022
Section A Receipts and payments Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest
£
384.00
£
3,290.34
£
8,984.85
£
125.00
£
-
2.95
£
-
-
88.00
£
£ 12,875
-
-
-
£ 12,875
Restricted
funds
to the nearest £
-
-
-
-
112,064.00
£
-
2,997.00
£
11,250.00
£
-
126,311
-
-
-
£ 126,311
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
£ -
Total funds
to the nearest £
£ 384.00
£ 3,290.34
£ 8,984.85
£ 125.00
£ 112,064.00
£ 2.95
£ 2,997.00
£ 11,250.00
£ 88.00
£ 139,186.14
-
-
-
Last year
to the nearest £
Admin 384.00
£
£-
Donations 3,290.34
£
£ 12,405.00
Fundraising 8,984.85
£
£-
Gloves sales 125.00
£
-
£
Grants - £ 23,314.00
Materials 2.95
£
-
£
NHS coaches salary - £-
NHS coaches set-up - £-
Trainingrefund 88.00
£
£-
Sub total(Gross income for AR) £ 12,875 £ 35,719.00
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
£ 139,186 35,719
Admin 267.98
£
£ 9,400 £- £ 9,667.98 9,400.00
Boxer 4,467.00
£
£ - £ - £ 4,467.00 -
Boxer sponsorship 750.00
£
£ - £ - £ 750.00 -
Coaching 120.12
£
£ 13,762 £ - £ 13,882.12 8,047.00
Equipment 3,421.94
£
£ - £ - £ 3,421.94 912.00
Filming 2,225.00
£
£ - £ - £ 2,225.00 -
Fundraising 216.00
£
£ - £ - £ 216.00 -
Grant consultant 6,100.00
£
£ - £ - £ 6,100.00 -
Marketing 2,604.27
£
£ - £ - £ 2,604.27 1,100.00
Rent 6,000.00
£
£ - £ - £ 6,000.00 6,000.00
Runningtheprogramme -
£
£ - £ - £ 7,914.00
Staff expenses 97.00
£
£ - £ - £ 97.00 -
Training 9,743.10
£
£ - £ - £ 9,743.10 697.00
Workshoprefund 10.00
£
£ - £ - £ 10.00 -
**Sub total ** £ 36,022 £ 23,162 £ - £ 59,184.41 £ 34,070.00
A4 Asset and investment
purchases, (see table)
-
-
-
£ 23,162.00
-
-
-
£ 23,162.00
-
-
-
£ -
-
-
-
£ -
-
-
-
£ 59,184.41
£ 80,001.73
-
-
-
£ 59,184.41
£ 80,001.73
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
£ 34,070.00
-£ 23,147.27 £ 103,149.00 £ - £ 80,001.73 £ 1,649.00
£ - £ - £ - £ - £ -
£ - £ - £ -
-£ 23,147.27 £ 103,149.00 £ - £ 80,001.73 £ 1,649.00

CCXX R1 accounts (SS)

10/24/2023

1

DocuSign Envelope ID: 3FF6E0BA-6FDA-4413-B453-7296625E180A

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B4 Assets retained for the
charity’s own use
B2 Other monetary assets
B1 Cash funds
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Unrestricted
funds
to nearest £
Unrestricted
funds
to nearest £
Restricted
funds
to nearest £
Restricted
funds
to nearest £
Endowment
funds
to nearest £
- - -
- - -
- - -
- 23,147 103,149 -
OK
Endowment
funds
to nearest £
- - -
- - -
- - -
- - -
- - -
- - -
Details
Details
Fund to which
asset belongs
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Cost (optional)
Current value
(optional)
-
-
-
-
-
Current value
(optional)
- -
- -
- -
- -
Details Fund to which
liability relates
Amount due
(optional)
When due
(optional)
-
-
-
-
Signature Print Name
Dr Louise Randall
Date of
approval
10/25/2023

CCXX R2 accounts (SS)

10/24/2023

2

DocuSign Envelope ID: 10437202-7369-484F-A10B-FE0F03559AFF

REGISTERED CHARITY NUMBER: 1176272

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

FOR

GROWING RESILENCE IN TEENS

Menzies LLP Richmond House Walkern Road Stevenage Hertfordshire SG1 3QP

DocuSign Envelope ID: 10437202-7369-484F-A10B-FE0F03559AFF

GROWING RESILENCE IN TEENS

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

----- Start of picture text -----
Page
Reference and administrative details 1
Report of the trustees 2 to 3
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7 to 10
----- End of picture text -----

DocuSign Envelope ID: 10437202-7369-484F-A10B-FE0F03559AFF

GROWING RESILENCE IN TEENS

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31ST DECEMBER 2022

----- Start of picture text -----
Trustees Dr C Powell
Dr L Randall
J Randall
Dr J Reiser
T Gutteridge
H Harvey-Ferris
Principal address 18 Chiltern Road
Hitchin
SG4 9PJ
Registered charity number 1176272
Independent examiner Menzies LLP
Richmond House
Walkern Road
Stevenage
Hertfordshire
SG1 3QP
----- End of picture text -----

Page 1

DocuSign Envelope ID: 10437202-7369-484F-A10B-FE0F03559AFF

GROWING RESILENCE IN TEENS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2022

The trustees present their report with the financial statements of the charity for the year ended 31st December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Objectives and activities

Objectives and aims

Growing Resilience in Teens (GRIT) aims to preserve and protect the good mental health of young people aged 14-18 by the provision of appropriate activities designed to help them build resilience to effectively manage pressures they face, promoting healthy coping strategies to replace current self-destructive behaviour.

Public benefit

The trustees have complied with the duty in section 4 of the Charities Act 2011 and have regard to the public benefit guidance as issued by the Charity Commission as shown in the objectives above.

We have referred to the guidance on public benefit when reviewing our aims and objectives and in planning our future activities in particular, the Trustees consider how planned activities will contribute to the aims and objectives that they have set.

This public benefit statement forms the basis for all judgements regarding operational reports to the Board meetings, in order to be reassured that the facilities and services currently managed by the charity continue to meet these criteria. At these meeting, the Financial Controller also presents the quarterly financial position including taking account of any restricted funds and the Charity's status as a going concern.

Achievement and performance

Charitable activities

During the year, the charity has successfully carried out charitable activities to continue to fulfil its objectives and aims.

Financial review

Financial position

Our total income for the period ended 31st December 2022 was £139,186 together with expenditure of £59,184.

A surplus was made in the year of £80,002.

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DocuSign Envelope ID: 10437202-7369-484F-A10B-FE0F03559AFF

GROWING RESILENCE IN TEENS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2022

Financial review

Reserves policy

GRIT will establish reserves in accordance with national statutory and legal requirements and the principles contained in this policy. Reserves are defined as that portion of unrestricted funds that have not been designated for a specific purpose by the trustees.

Reserves are established to ensure that GRIT is: -

The level of reserves is set at an amount sufficient to cover unfunded expenditure from unrestricted funds for a period of 6 months in the event of a 50% fall in unrestricted income. This is set at £20,000. Reserves will only be depleted to a level below that with the approval of the Board of Trustees and, in such an instance, GRIT will seek to replenish the reserves to the minimum level as quickly as is feasible following any approved depletion below the minimum level.

Structure, governance and management

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes a charitable incorporated organisation.

Recruitment and appointment of new trustees

New trustees are nominated by members of the board of trustees, interviewed by a panel of trustees and appointed where they have the necessary skills to contribute to the charity's managements and development.

13-Sep-2023

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

....................................................................... Dr L Randall - Trustee

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DocuSign Envelope ID: 10437202-7369-484F-A10B-FE0F03559AFF

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GROWING RESILENCE IN TEENS

Independent examiner's report to the trustees of Growing Resilence In Teens

I report to the charity trustees on my examination of the accounts of Growing Resilence In Teens (the Trust) for the year ended 31st December 2022.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

S L Cuzner

Menzies LLP Richmond House Walkern Road Stevenage Hertfordshire SG1 3QP

13-Sep-2023

Date: .............................................

Page 4

DocuSign Envelope ID: 10437202-7369-484F-A10B-FE0F03559AFF

GROWING RESILENCE IN TEENS

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2022

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
12,875
EXPENDITURE ON
Charitable activities
Charitable expenditure
36,022
NET INCOME/(EXPENDITURE)
(23,147)
RECONCILIATION OF FUNDS
Total funds brought forward
26,004
TOTAL FUNDS CARRIED FORWARD
2,857
Restricted
fund
£
126,311
23,162
103,149
-
103,149
2022
Total
funds
£
139,186
59,184
80,002
26,004
106,006
2021
Total
funds
£
35,719
34,070
1,649
24,355
26,004

The notes form part of these financial statements

Page 5

DocuSign Envelope ID: 10437202-7369-484F-A10B-FE0F03559AFF

GROWING RESILENCE IN TEENS

BALANCE SHEET 31ST DECEMBER 2022

Unrestricted
fund
Notes
£
CURRENT ASSETS
Debtors
4
6,000
Cash at bank
-
6,000
NET CURRENT ASSETS/(LIABILITIES)
6,000
TOTAL ASSETS LESS CURRENT LIABILITIES
6,000
NET ASSETS
6,000
FUNDS
5
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
fund
£
-
93,906
93,906
93,906
93,906
93,906
2022
Total
funds
£
6,000
93,906
99,906
99,906
99,906
99,906
(3,243)
103,149
99,906
2021
Total
funds
£
9,021
16,983
26,004
26,004
26,004
26,004
26,004
-
26,004

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 13-Sep-2023

............................................. L Randall - Trustee

The notes form part of these financial statements

Page 6

DocuSign Envelope ID: 10437202-7369-484F-A10B-FE0F03559AFF

GROWING RESILENCE IN TEENS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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DocuSign Envelope ID: 10437202-7369-484F-A10B-FE0F03559AFF

GROWING RESILENCE IN TEENS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st December 2022 nor for the year ended 31st December 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st December 2022 nor for the year ended 31st December 2021.

3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

4.

Unrestricted
Restricted
fund
fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
12,405
23,314
EXPENDITURE ON
Charitable activities
Charitable expenditure
10,756
23,314
NET INCOME
1,649
-
RECONCILIATION OF FUNDS
Total funds brought forward
24,355
-
TOTAL FUNDS CARRIED FORWARD
26,004
-
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Prepayments and accrued income
6,000
Total
funds
£
35,719
34,070
1,649
24,355
26,004
2021
£
9,021

Page 8

DocuSign Envelope ID: 10437202-7369-484F-A10B-FE0F03559AFF

GROWING RESILENCE IN TEENS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022

5. MOVEMENT IN FUNDS

Unrestricted funds
General unrestricted
Restricted funds
General restricted
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General unrestricted
Restricted funds
General restricted
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General unrestricted
TOTAL FUNDS
At 1.1.22
£
26,004
-
26,004
Incoming
resources
£
12,875
126,311
139,186
At 1.1.21
£
24,355
24,355
Net
movement
At
in funds
31.12.22
£
£
(29,247)
(3,243)
103,149
103,149
73,902
99,906
Resources
Movement
expended
in funds
£
£
(42,122)
(29,247)
(23,162)
103,149
(65,284)
73,902
Net
movement
At
in funds
31.12.21
£
£
1,649
26,004
1,649
26,004

Page 9

DocuSign Envelope ID: 10437202-7369-484F-A10B-FE0F03559AFF

GROWING RESILENCE IN TEENS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022

5. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General unrestricted
Restricted funds
General restricted
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
12,405
(10,756)
1,649
23,314
(23,314)
-
TOTAL FUNDS 35,719
(34,070)
1,649

6. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st December 2022 (2021 - none).

Page 10